Pi Consulting are independent pension consultants that can provide a professional and bespoke employer pension consultancy for your business.
What is an Employer Pension?
An employer pension (more commonly known as a workplace pension) is an employee pension scheme an employer must offer to its employees by law. The employer, the employee and the government then all contribute to this pension scheme.
Adding value to Employers
We can help employers with the selection and implementation of new workplace pension scheme arrangements that help meet the demands of auto-enrolment legislation and member engagement. Our trustee experience is particularly useful when employers are looking at the potential benefits of selecting a new Master Trust arrangement as we understand the due diligence necessary from a trustee perspective to enable the subsequent transition of scheme assets where appropriate. Our clients value our trusted independent corporate pension advice to help ensure engaged and motivated employees.
What we can do to help?
As well as helping to design and implement an effective governance framework to help you assess the ongoing value for money and performance of your workplace pension scheme and your advisers, we can also help you to:
Provide a strategic overview – this includes reviewing your Defined Contribution pension provision via either own-trust or an alternative Master Trust solution
Review your existing providers – whatever type of employer pension scheme you have we can benchmark and assess your existing providers against the current market.
Transition project management – provide independent project management to oversee transition between own-trust and Master Trust employer pension plan arrangements
Implement an employer management committee – your employer governance committee acts in a purely advisory capacity. It should identify any risks to the employer and scheme members and recommend ways to manage and reduce these risks. We can help design a suitable governance framework and be an independent member of the committee as appropriate.
Our Employer pensions consultancy services and fees are tailored to meet the specific needs of the employer and workforce. Our team are ready and waiting to consult on your employer pension scheme.